GRI Roundup: Maersk Line, CMA CGM, CSCL, MOL and Hyundai
Ocean carriers Maersk Line, CMA CGM, CSCL, MOL and Hyundai issued general rate increases.
Ocean carriers Maersk Line, CMA CGM, CSCL, MOL and Hyundai issued general rate increases.
ZIM has appointed a president to lead its newly established U.S. agency, while SEKO names chief client solutions officer.
A Department of Transportation study found over 75 percent of truck drivers and nearly 66 percent of logistics professionals reported regularly having difficulty finding safe – and legal – parking during rest periods.
Part of a shipment of polyester flags and rubber mats from a Chinese company, Chesta, was damaged or lost when a BNSF train derailed. An intermodal container containing the cargo arrived from Shanghai in Los Angeles and then was put on a BNSF train for inland carriage to the consignee and owner of […]
Railroads, IMCs see long-term growth for both domestic and international intermodal.
Media outlets a few weeks ago, once again, began reporting that Singapore-owned investment company Temasek Holdings is looking to sell Neptune Orient Lines, parent company of ocean carrier APL. Like many liner companies, APL has been hemorrhaging cash since 2008 when the worldwide economic downturn brought revenues crashing down across the ocean carrier […]
Larger companies and bigger ships dominate container shipping.
There’s been a lot of attention in the news these days about how large logistics services providers are buying up similarly large to midsized counterparts to add to their portfolios. Since the start of the year, the announcements have come fast and furious. Here’s some of the most notable acquisition plays so far: […]
“We like the U.S.-flag business, we think it’s a good business to be in,” said Marc Marling, president of Teras Cargo Transport (America). This summer Teras added a new ship, Norfolk, to its fleet of U.S.-flag vessels, unveiling it during a celebration in July at its namesake city. The new 19,350-deadweight-ton ship […]
Billions of dollars are spent annually to clear ports and shipping channels of sediment using a variety of dredging vessels. The Port of Cleveland said 250,000 cubic yards of sediment must be dredged each year from the Cuyahoga River to make it deep enough for large commercial ships — enough material to fill […]
It’s still too early to tell, but 3D printing may reshape some traditional supply chains.
Rates from Shanghai to Northwest Europe and the Mediterranean dropped for the third week in a row, according to data from the Shanghai Containerized Freight Index.
The Greek government last week announced deadlines to receive offers for the state-owned ports of Piraeus and Thessaloniki as part of its latest bailout deal with the European Union.
Tools from ocean carrier schedule and capacity database BlueWater Reporting compare how Tianjin stacks up to other nearby container ports.
Port Director Chris Lytle told the Federal Maritime Commission that Oakland needs more dockworkers to support the OakPass program.
The German ocean carrier advanced its timetable on plans to launch a stock market flotation as a result of positive second quarter financial results.
The Malaysian shipping company has agreed to sell its 50 percent share in VTTI B.V. to energy trader Vitol Group, which already owns the remaining 50 percent of the company.
The Canadian port reported 8 percent year-over-year growth in container volumes during the first half of 2015.
Year-to-date, container volumes are up 4 percent and automobile volumes are up 7.7 percent at the Pacific Northwest ports.
Roadrunner names board audit committee chairman and Matson appoints replacement for longtime company spokesman, while U.S. Customs and Border Protection promotes assistant director for trade operations in Laredo.